Question

@satellite73

Answer 1

Preston received a paycheck for $900.00 and he wants to invest it in a savings account. A savings account at bank A earns 6% interest compounded monthly and a savings account at bank B earns 7% simple interest. If Preston plans to deposit the $900.00 and leave it in the account for 3 years, at which bank would he earn more interest?
The interest earned at both banks will be the same.
bank B

Answer 2

HI!!

Answer 3

after the question mark is the answer choices

Answer 4

hi

Answer 5

first one give
\[9000(1+\frac{.06}{12})^{36}\]

Answer 6

you always seem to be in a good mode
@misty1212 hi!! :)))

Answer 7

*mood

Answer 8

i have no idea about the simple interest one, since no one gives simple interest

Answer 9

lol thnx

Answer 10

@zepdrix @igreen

Answer 11

here is the first one
http://www.wolframalpha.com/input/?i=9000%281%2B.06%2F12%29%5E36

Answer 12

ok

Answer 13

i think this is the simple interest one
http://www.wolframalpha.com/input/?i=9000%2B3*.07*9000